Corporate Crime & Compliance UK

  • April 15, 2026

    Builders Brace To Fight Tax Fraud 'Should Have Known' Test

    Britain's tax agency has begun to wield strengthened enforcement powers to combat tax fraud in the construction industry after reforms that lawyers warn could trigger disputes as businesses challenge whether they meet the regime's contentious "should have known" test.

  • April 15, 2026

    Collapsed Pensions Biz Misused Clients' Money, FCA Says

    The financial services watchdog said Wednesday that an individual involved in a pensions business withdrew its customers' money without consent and invested it for their own benefit.

  • April 15, 2026

    AI Reshaping Cyber Insurance Risk, Report Warns

    Rapid advances in artificial intelligence are increasing the speed, scale and coordination of cyberattacks and introducing new risks for insurers, according to a report by a risk analytics platform.

  • April 15, 2026

    AA Hit With £5M Fine Over Hidden Driving Lesson Fees

    The U.K.'s competition watchdog has fined the AA, the motoring association, almost £5 million ($6.8 million) after finding that lesson booking fees were hidden from learner drivers.

  • April 15, 2026

    TV Property Developer Faces 2028 Trial Over £2M Fraud

    A property developer will have to wait until 2028 to face trial over allegations that he defrauded a U.S. rental company out of £2 million ($2.7 million), a judge said at a London court hearing on Wednesday.

  • April 15, 2026

    Plane Lessor, Reinsurer Settle $23M Claim Over Jet In Russia

    An aircraft lessor and a reinsurer have reached a settlement to pause part of a multimillion-dollar dispute over a plane stranded in Russia after the invasion of Ukraine, while the wider case continues.

  • April 14, 2026

    Ex-Unite Legal Boss Widens Appeal Of Fraud Probe Sanction

    Unite the Union's former legal chief won permission on Tuesday to expand his appeal against his failed claim that he was unfairly disciplined and forced to quit amid suspicion he was involved in bribery, money laundering and fraud at the trade union.

  • April 14, 2026

    FCA Bans Motor Finance Ads Misusing Martin Lewis Clips

    The Financial Conduct Authority said Tuesday that it has banned advertisements from a claims management company for using its logo without permission and unauthorized clips of the founder of MoneySavingExpert to make "misleading claims about average motor finance compensation."

  • April 14, 2026

    Fire Alarm Biz Boss Banned Over £327K Tax Dodging

    The owner of two fire alarm companies has been banned from running businesses for six years after dodging more than £327,000 ($444,000) in income tax and value-added tax owed to the U.K.'s tax authority, the Insolvency Service said Tuesday.

  • April 14, 2026

    I Was 'Iron Lady' For Following Rules, Ex-OPEC Head Says

    A former Nigerian oil minister accused of accepting bribes from energy executives testified during her criminal trial on Tuesday that she had tried to root out corruption during her time in government, saying she was dubbed "Madame Due Process."

  • April 14, 2026

    Lawyer To Face Tribunal Over Alleged Antisemitic Posts

    A solicitor accused of posting antisemitic content on social media for almost a decade has been referred to the Solicitors Disciplinary Tribunal for prosecution. 

  • April 14, 2026

    NCA Can Keep £9M Seized From Cambodia Scam Suspect

    The National Crime Agency was granted permission on Tuesday to hold on to millions of pounds in assets that it seized from a lieutenant to a billionaire businessman allegedly behind Cambodia's scam centers.

  • April 14, 2026

    FCA Sets Out Open Finance Push To Widen Consumer Choice

    The Financial Conduct Authority set out on Tuesday a program for developing open finance to give consumers and businesses greater control over their financial data in a move to help them secure better deals.

  • April 13, 2026

    Reform UK Leader Defends Deputy On Claims Of Unpaid Tax

    Reform UK leader Nigel Farage said Monday that he is "satisfied" that his deputy Richard Tice's company paid the "full amount of tax" in response to allegations that Tice's property company failed to pay £120,000 ($161,500) in taxes on dividends.

  • April 13, 2026

    Aviation Expert Faces Trial Over Iran Arms Deal

    Two men worked with corrupt officials to arrange the illegal sale of arms and military equipment to war-torn countries in Africa and the Middle East, a prosecutor told the opening of a London trial Monday.

  • April 13, 2026

    Ex-Oil Minister Says She's A Scapegoat In Bribery Case

    A former Nigerian government minister has denied accepting lavish bribes from oil executives, testifying at her criminal trial on Monday that she has been scapegoated by opposition political forces after a transition in power. 

  • April 13, 2026

    Swedish Bank Scam Suspect Extradited From US

    A man accused of running a plot to defraud victims out of €6 million ($7 million) by posing as a bank employee has been extradited to Sweden from the U.S., the European Union's crime fighting agency has said.

  • April 13, 2026

    Crispin Odey Drops £79M FT Sexual Misconduct Libel Case

    Crispin Odey has dropped his £79 million ($106 million) libel claim against the Financial Times over a series of articles about allegations of sexual misconduct against the hedge-fund founder, the newspaper has said.

  • April 10, 2026

    EU Probing Czech Cos. Over Suspected €113M VAT Evasion

    Authorities in Slovakia have conducted searches connected to an investigation of Czech companies suspected of evading €113.3 million ($133 million) in value-added taxes, the European Public Prosecutor's Office said Friday.

  • April 10, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen the owner of an oil tanker stuck in the Strait of Hormuz sued by an energy company and an insurer, law firm Boodle Hatfield LLP and two Serle Court barristers sued by a group of Winston Churchill's great-grandchildren, and Welsh Water hit with a fresh class action over polluted rivers.

  • April 10, 2026

    Pilot Demoted For Filming Flight Wins Dismissal Case

    A helicopter pilot has convinced a tribunal that the company forced him to quit after it demoted him over a video he filmed during a flight, relegating him from captain to co-pilot without any guarantee that he would get his job back. 

  • April 10, 2026

    FCA Warns Asset Managers On Conflicts, Consumer Duty

    The Financial Conduct Authority has warned that some applicants for authorization as asset managers are failing to manage conflicts of interest or to demonstrate they adequately apply its Consumer Duty regime.

  • April 10, 2026

    Law Firm Can't Cut Fine Over Client Account AML Failures

    A disciplinary tribunal has upheld a fine of £68,000 ($91,400) for anti-money laundering failures against a law firm that used its client bank account to move $23 million for a Russian customer, concluding that the penalty fell within the range of possible sanctions.

  • April 10, 2026

    NCA-Led Approval Phishing Sting Freezes $12M

    The National Crime Agency has said that more than $12 million was frozen and more than 20,000 victims were identified in a cross-border exercise targeting a form of cryptocurrency and investment fraud.

  • April 09, 2026

    Fed Ends Crédit Agricole, Goldman Enforcement Orders

    The Federal Reserve said Thursday that it has closed out another batch of longstanding enforcement actions against big banks, freeing Crédit Agricole, Goldman Sachs and Taiwan's Mega Bank from orders that date to at least 2018.

Expert Analysis

  • Nigeria Ruling Offers Road Map For Onerous Costs Requests

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    The Court of Appeal's judgment in Nigeria v. VR Global Partners is significant because it tests the extent to which a court may prioritize accessibility and its own resources over a judgment creditor's desire for immediate recourse, says Josep Galvez at 4-5 Gray's Inn Square.

  • Consolidation Of Lloyd's Bylaws Will Be Useful For Members

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    Lloyd’s of London’s recent consolidation of its bylaws will make the rules governing its market more accessible, providing immediate results as well as the necessarily flexible framework to address the future needs of its participants, say lawyers at Skadden.

  • How EU Prospectus Rule Changes May Boost Market Access

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    The European Union Listing Act’s forthcoming changes to EU prospectus requirements aim to reduce the regulatory burden for issuers of securities, facilitating more efficient transaction execution and reducing market risk, of particular relevance to small and midsize enterprises, say lawyers at Covington.

  • 4 Securities Trends For Pension Trustees To Watch In 2026

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    With the U.K. signaling it will soon demand more active fiduciary stewardship from pension trustees, British and EU fund managers must follow key trends in mass securities litigation, investment disclosures, and U.S. enforcement that could require intervening for their investors in 2026, say lawyers at Labaton Keller.

  • Sanctions Spotlight: Compliance Insights After OTSI's 1st Year

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    The Office of Trade Sanctions Implementation's recent report on its first year of operation offers insights into OTSI's interpretation of its mandate as the U.K.'s civil enforcement body for trade sanctions and efforts to operationalize its enforcement powers, giving businesses a compliance road map for areas it will prioritize in 2026, says Alexandra Melia at Steptoe.

  • FTO Designations: Containing Foreign Firms' Legal Risks

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    Non-U.S. companies can contain legal risks related to foreign terrorist organizations by deliberately structuring operations to demonstrate that any interactions with cartel-affected environments are incidental, constrained and unrelated to advancing harm on the U.S., says David Raskin at Nardello & Co.

  • A Look At ESMA's New Governance Framework For EU Boards

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    The European Securities and Markets Authority's recently finalized supervisory expectations for management bodies mark a shift toward improved board oversight across culture, risk, strategy and accountability that firms should view as a benchmark, say lawyers at Ropes & Gray.

  • UK Class Actions Appear Set For Resurgence In 2026

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    In 2026, the U.K. will likely see an uptick in class actions as a result of legal and regulatory developments, including the landmark court decision in BHP Group v. PGMBM Law that boosted confidence in the enforceability of funds-committed litigation funding arrangements, say lawyers at Winston & Strawn.

  • Limited Claims Raise Concerns About Subsidy Act's Efficacy

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    With significantly fewer challenges to date than expected under the Subsidy Control Act, it appears that parties may be unwilling to bring claims or unaware of their rights, calling into question the effectiveness of the regime, says Matthew Hall at McGuireWoods.

  • How To Navigate AI M&A Risks, Compliance In Europe

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    As the artificial intelligence industry continues to witness substantial M&A transactions in Europe, parties should be mindful of the unique challenges posed by the acquisition of intangible AI technologies, monitor the evolving regulatory landscape, and establish optimal mechanisms for risk allocation, say lawyers at Morgan Lewis.

  • What Is In Store For ESG Litigation In UK And EU

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    With 2025 seeing more sophisticated and far-reaching environmental litigation, and regulatory enforcement set to continue, a focus on greenwashing and climate attribution science is likely in 2026, and organizations must remain vigilant and proactive in their approach to sustainability risks and opportunities, say lawyers at Simmons & Simmons.

  • Noting Similarities And Divergences In UK, EU Apple Rulings

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    While recent judgments against Apple by the Competition Appeal Tribunal and European Commission all focus on the Apple ecosystem and point toward closer scrutiny of its App Store rules, their analytical methodologies and potential enforcement routes differ, highlighting differences in approaches to competition law, say lawyers at Perkins Coie.

  • Decoding Arbitral Disputes: EU Law And Treaty Arbitration

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    A recent Singapore court ruling in DNZ v. DOA upholding an arbitration award against Poland constitutes a significant affirmation of the autonomy of international arbitration from regional constitutional orders when disputes are adjudicated outside those orders, says Josep Galvez of 4-5 Gray's Inn.

  • What To Expect From UK Prospectus Regime Changes

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    The new U.K. prospectus regime for trading on regulated markets, effective Jan. 19, aims to streamline processes and reduce costs, but a significant shift in structuring and disclosure obligations will increase pressure on practitioners to manage risk under tighter timelines, say lawyers at Baker Botts.

  • 10 Financial Regulatory Changes To Prepare For In 2026

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    A number of changes in the financial regulatory sphere are due this year, from targeted support to payment safeguarding and a new consumer composite investments regime, and firms should plan to address the policies and regulatory strategies relevant to them, say lawyers at Womble Bond.

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